TPG Shuffles Asia Team Ahead Of Fund

TPG Capital has shuffled its Asia senior management team as the global powerhouse with $48 billion in assets fights for investor dollars in the region with private equity rivals Kohlberg Kravis Roberts & Co., The Carlyle Group and RRJ Capital, sister news service Reuters reported. TPG has made the changes ahead of wrapping up a new, roughly $5 billion Asia fund, its sixth regional vehicle.